Author: Otto Dargan
Australia’s Rental Affordability Crisis
The ANZ CoreLogic Housing Affordability quarterly report reveals the challenges many would face when buying or renting in Australia. The May 2023 report analysed the rental affordability crisis in Australia caused by the pandemic’s impact on rental supply and demand. Why...
Read morefolderCategory: Property Market
bookmarkTags: Australian Rental Market, Rental Market
How To Minimise The Impact Of Interest Rate Rises In 2023
The RBA’s 11th rate rise since May 2022 has everyone worried about their loan repayments. The central bank has been accused of playing recession roulette, but the RBA argues that rate increases are required to smash inflation – which, as of May 2023, is at 7%. The RBA’s...
Read morefolderCategory: Interest Rate
bookmarkTags: Home Loan, Interest Rates, Refinance, Tips
What Does The Stabilising Property Market Mean For First-home Buyers?
After nearly a year of increasing interest rates, the Reserve Bank of Australia (RBA) paused the hikes in April 2023. This decision raises expectations of a stabilisation and this could attract more first-home buyers to the housing market. Signs Of Property Market Stabilising There...
Read morefolderCategory: Property Market
bookmarkTags: Australian property market, First home Buyer, property market update
folderCategory: Home Loan Articles
bookmarkTags: construction loan, Home Loan, Property Market
Why Is The Auction Market So Hot Right Now?
The auction market has opened strongly in 2023. Homebuyers across Australia should prepare for increased competition as the number of active bidders at each auction continues to rise. The majority of auctions now record more than five active bidders, similar to the boom-time...
Read morefolderCategory: Auction Market, First Home Buyers, Home Loan Articles, Property Market
bookmarkTags: auction, auction market, Australia property market, Property auction
Buy Or Wait Until July? What NSW Stamp Duty Reform 2023 Means For First-Home Buyers
There’s another new state government in New South Wales – and that means another new stamp duty scheme. On 1 July, the outgoing Liberal government’s First Home Buyer Choice is expected to be replaced with Labor’s Fresh Start plan, which features lower house price...
Read morefolderCategory: First Home Buyers, Mortgage News, NSW Property
bookmarkTags: Labor Fresh Start Plan, NSW property tax, NSW stamp duty reform, NSW transfer duty
Signs That You’re Ready To Stop Renting And Buy Your First Home
Are you tired of renting and wondering if you’re ready to buy your first home? If you’ve been thinking about it, it’s important to make sure you’re truly prepared before taking the plunge. Here are some signs that it’s time to move away from renting...
Read morefolderCategory: First Home Buyers
bookmarkTags: First home Buyer, home loan articles
What’s Driving Investor Interest In The Property Market?
The RBA’s decision to hold the cash rate at 3.6% in April, after 10 consecutive rate rises, might renew confidence in the property market. The interest rate pause also suggests that the worst period might be over for the housing market, which may encourage buyers waiting on...
Read morefolderCategory: Property Market
bookmarkTags: Australian property market, Investment, Property Investment
Making Your First Home A Reality: Financial Support Options In NSW
Buying your first home is an exciting milestone, but it can also be a daunting experience, especially regarding finances. Fortunately, the Australian Government has introduced several schemes to help first-home buyers make their dream of homeownership a reality. In this blog,...
Read morefolderCategory: Financial Hardship, First Home Buyers, Home Loan Articles
bookmarkTags: First home Buyer, government schemes homebuying, nsw financial support